The Only Defense Stock You Should Be Watching

In multiple wargames, U.S. forces were overwhelmed and unable to stop Chinese amphibious assaults from seizing the island. With tensions at a boiling point, the economic fallout could be devastating. Get the details on the weapons makers set to boom if war breaks out.

Russia hosts African ministers to expand ties

PAUL WISEMAN
November 09, 2024

SOCHI, Russia (AP) -- Russia on Saturday opened the first ministerial conference of the Russia-Africa Partnership Forum in the city of Sochi, seeking to deepen ties with African nations and dispel a notion that it's isolated by Western sanctions.

The conference is billed as building on last summer's Russia-Africa summit, where Russian President Vladimir Putin courted leaders from Africa and offered to expand political and business ties.

The two-day ministerial conference, which is attended by government and business leaders from Russia and Africa, will continue in the same format regularly, said Anton Kobyakov, an adviser to Putin.

Russian Foreign Ministry spokeswoman Maria Zakharova was quoted as saying by Russian state news agency RIA Novosti that the conference "dashed dirty hopes" for Russia's isolation.

Zakharova said that dozens of bilateral meetings were taking place between Russian Foreign Minister Sergey Lavrov and African representatives, hailing the "multipolarity" demonstrated by the event.

Lavrov is due to speak at the plenary session on Sunday.

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